COKING COAL DAILY: Stagnant seaborne prices in China keep sellers at bay

摘要

Sellers of seaborne coking coal appear to be less willing to sell to the Chinese market, with cargoes of premium products fetching a higher fob Australia price than cfr China ones.A November-laycan cargo of a top Australian brand was traded at $219.50 per tonne cfr China while a December-laycan shipment of the same product changed hands at $220 per tonne cfr China. The last transaction involving this brand took place two weeks ago at $220 per tonne cfr China as well.